World's most powerful banker breaks his silence on Trump tariffs to issue terrifying warning
Jamie Dimon is sounding the alarm. In his annual letter to shareholders, the CEO of JPMorgan Chase, 69, wrote that trade wars started by President Donald Trump risk driving up prices at American stores, undermining global alliances, and slowing economic growth. The warning comes as global stock markets — including pre-market trading in the US — continue the carnage that shed trillions of dollars last week. JPMorgan raised its likelihood of a recession from 40 percent to 60 percent.
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